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UK firms taking taxpayer-backed Covid loans continued donations to Tory party
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Companies that received taxpayer-backed loans to help them survive the pandemic continued todonate tens of thousands of pounds to the Conservative party, the Guardian can disclose.
While there is no evidence the low-interest loans were used to fund donations directly, critics say there was no justification for companies requesting taxpayer help during the pandemic and then continuing to make political contributions.
One campaign group said it “smells like state funding of a political party” and called on businesses that made donations to compensate the Treasury.
The chancellor, Rishi Sunak, launched the coronavirus business interruption loan scheme (CBILS) in March 2020, offering emergency loans of up to £5m to small businesses hit by
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